How do banking crises affect rich, middle-class and poor households? This paper quantifies the distributional implications of for a panel 132 economies over 1970–2017 period. We rely on different empirical settings, including an instrumental variable approach, that exploit geographical diffusion across borders. Our results show systematically reduce income share rich households positively house...

Title of dissertation: DETERMINANTS OF COLLEGE GRADE POINT AVERAGES Paul Dean Bailey, Doctor of Philosophy, 2012 Dissertation directed by: Professor Judith Hellerstein Department of Economics Professor John Wallis Department of Economics Chapter 2: The Role of Class Difficulty in College Grade Point Averages. Grade Point Averages (GPAs) are widely used as a measure of college students’ ability....

background: because of the close relationship between economic growth and welfare of the societies many economists have been seeking to identify the sources of economic growth. human capital through enhancing workforce skills and quality, increases the amount of workforce income which consequently leads to economic growth. methods: this study is based on data from the social accounting matrix o...

Using transnational terrorism data from 1980 to 2000, this study empirically examines the relationships between frequency of participation in transnational terrorism acts and economic development and education improvement. We find an inverse U-shaped association between the frequency of various nationals acting as perpetrators in transnational terrorism acts and per capita income in their respe...

One typically observes differing trends in the distribution of gross incomes across countries. Where do these inequalities originate from? We consider a simple model where individuals have identical preferences but different abilities, and we investigate the impact on the distribution of gross income of changes in the way abilities are distributed among the individuals. Journal of Economic Lite...